Hi. My partner went to an open drop in run by Leasehold Solutions, a company which helps leaseholders extend their lease. They try to get a number of leaseholders to do it collectively and they represent the group. Apparently this improves bargaining power and reduces the overall cost. They are sending info packs out now and any leaseholders who sign up to fund the valuation (I guess that’s the first stage) receive a discount. The info pack is free and there’s no obligation according to the letter I’ve received.

For what it’s worth, I understand that Camden Council doesn’t have any “problem” extending the lease – they’re compelled to do so by law and it’s a small bit of extra income for them, so it’s just a standard piece of work. Also I imagine that the expiry dates of leases are still so far in the future that there’s no benefit in Camden dragging their feet.

Contact Leaseholder Services and they should be able to help. In any event, once done perhaps report back so we know how you got on, and this will benefit others 🙂

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